Pure Extracts 1-Gram Vape Carts Continue Strong…


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| Supply: Pure Extracts Applied sciences Corp.


VANCOUVER, British Columbia, Nov. 24, 2021 (GLOBE NEWSWIRE) — Pure Extracts Applied sciences Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (“Pure Extracts” or the “Company”), a plant-based extraction firm targeted on hashish, hemp, useful mushrooms and the quickly rising psychedelic sector, is happy to announce that its wholly owned subsidiary Pure Extracts Manufacturing Corp.’s branded 1 gram vape carts are persevering with their sturdy development with licensed retailers.

Of the Firm’s 24 SKUs listed throughout 4 provinces (British Columbia, Alberta, Saskatchewan and Ontario) within the leisure hashish house and 9 SKUs within the medical hashish house, the 1-gram Pure Pulls branded line of full spectrum oil (FSO) THC vapes is clearly the most effective vendor. Product re-orders are occurring with growing frequency with shipments often selling-through inside 3 to five weeks from supply to the provinces and the Firm believes that this key SKU will assist it entry the provincial markets in Japanese Canada.

The Firm can be constructing on the success of Pure Chews THC and CBD edible gummies, bought of their distinctive blister package deal format, and has submitted a number of Notices of New Hashish Merchandise (NNCPs) to Well being Canada for approval. These merchandise are anticipated to be in-market in H1 2022.

Pure Extracts’ CEO, Ben Nikolaevsky, commented, “We are pleased to have several key SKUs that are receiving widespread consumer recognition and repeat buying. Our products are of the highest quality, and we have priced them to be within reach of all of consumers.”

ON BEHALF OF THE BOARD

Ben Nikolaevsky

Ben Nikolaevsky

CEO and Director

About Pure Extracts (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ)

Pure Extracts Expertise Corp. options an all-new, state-of-the-art processing facility situated simply 20 minutes north of world-famous Whistler, British Columbia. The bespoke facility has been constructed to European Union GMP requirements aiming in direction of export gross sales of merchandise and formulations, together with these at the moment restricted in Canada, into European jurisdictions the place they’re legally out there. Pure Extracts was granted its Commonplace Processing License by Well being Canada below the Hashish Act on September 25, 2020, and its Gross sales Modification on July 19, 2021. The Firm’s inventory started buying and selling on the Canadian Securities Alternate (CSE) on November 5, 2020.

Discover out extra at https://pureextractscorp.com/

Or contact:

Pure Extracts Investor Relations

Tel: +1 604 493 2052

information@pureextractscorp.com

This information launch accommodates forward-looking statements referring to the longer term operations of Pure Extracts, and the opposite statements usually are not historic details. Ahead-looking statements are sometimes recognized by phrases resembling “will”, “might”, “ought to”, “anticipate”, “expects” and comparable expressions. All statements aside from statements of historic reality, included on this launch, together with, with out limitation, statements relating to the longer term plans and targets of Pure Extracts’, are forward-looking statements and contain dangers and uncertainties. Quite a lot of components may trigger precise occasions, efficiency or outcomes to vary materially from what’s projected in ahead wanting statements. Though we consider that the assumptions underlying these statements are affordable, they could show to be incorrect, and we can not guarantee that precise outcomes shall be in line with these forward-looking statements. Given these dangers, uncertainties and assumptions, buyers mustn’t place undue reliance on these forward-looking statements. Whether or not precise outcomes, efficiency or achievements will conform to the Firm’s expectations and predictions is topic to quite a lot of identified and unknown dangers, uncertainties, assumptions and different components, together with these listed below “Risk Factors” within the Firm’s Annual Data Type. The Firm doesn’t undertake to replace any forward-looking info, besides as, and to the extent required by, relevant securities legal guidelines.

This information launch accommodates details about potential gross sales income from provide agreements, which can be thought-about as disclosure of monetary outlook below relevant securities legal guidelines. Such info is topic to the identical assumptions, danger components, limitations, and {qualifications} as set forth within the above paragraph. Particularly, estimated gross sales income which can be derived from provide contracts has been calculated based mostly on present wholesale costs and assume, amongst different issues, that the Firm will have the ability to discover patrons for its merchandise. The monetary outlook contained on this information launch was made by administration as of the date of this information launch and was offered for the aim of offering readers with an understanding of the potential income which can be derived from any agreements lately entered into by the Firm and usually are not an estimate of profitability or another measure of monetary efficiency. Readers are cautioned that the monetary outlook contained on this doc shouldn’t be used for functions aside from for which it’s disclosed herein.

The CSE has neither authorised nor disapproved the contents of this press launch.


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